Hey everybody, love this forum so far and I would like to share my situation… I have a Leased Nissan Leaf SV 2020 with 2800 miles and I want to get out of it, the car is ok, I just don’t see why pay 727.66 a month for this car ( i had an upside-down balance on the previous car). Carvana offered 24k…

I have no idea about the first part but I would try contacting Nissan dealers around you. My friend just sold his Leaf lease for $5k profit a month before it was due.

Yes because I had 10k upside down on my previous vehicle and I just wanted to get out of it, because every month it was getting worst and worst. Yes, I was dumb and made bad decisions, but I’m working on correcting it now :sweat_smile:

They told me that it will work because I’m buying the car, but yeah… I’m just trying to figure out if keeping the car until the end is really the best option in this situation

Even if it works, I suspect you’ll find that the hole is much deeper in 4 months when you can actually use this. The current carvana pricing is very unlikely to hold.

[image] Batistuta: I would try contacting Nissan dealers around you :point_up_2::point_up_2: see who will get close to Carvana and go from there Even a personal loan should be paid off in 6 months at that payment. If you end up turning -10k into even -6k, you still accomplished your original…

But for example if I sell the car for 22300 ( carmax) I will have about 6k difference, 6k equals to about 8 months of payment of the car, and I will have a car that I can rent to turo or something for almost a year, because the car still have 17k miles ( 20k 24 months lease). I just feel like if I c…

The fact that carmax is offering 22300 right now for this is completely irrelevant if you can’t sell the car for 4 months. Also, most lease contracts don’t allow you to turo the car.

[image] Danil0: d I will have a car that I can rent to turo or something for almost a year, Turo - Major chance of getting the car wrecked and I believe this violates your lease agreement. Doordash - If you really like delivering other people’s food to use it miles, go for it. Selling it wo…

As someone who once buried $8k in negative in a 24 month lease, I sympathize, but there is no easy-out here. Find out how large the hole is before you start trying to dig it.

Are you sure if you take a $5k DP grant and immediately sell the car that you won’t owe back a penny of that $5k? Unless I read what you wrote incorrectly.

Selling 2020 Nissan Leaf to Carvana to get out of it, in my case is worth the trouble?

Ask the Hackrs

Kctham18 July 13, 2021, 2:47am 16

YMMV with Turo, especially with leased vehicles. Everything’s fine and dandy until something goes wrong